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Moneyfacts is a regular contributor of data and insight to the Bank of England's Financial Stability Report, [17] Trends in Lending and Inflation Reports. Moneyfacts provides Best Buy charts to the national and regional press including the Financial Times, The Sunday Times, The Times, Daily Express, Sunday Express, and The i.
Guidelines for the creation of a new "Monetary Policy Committee" were laid out in the Bank of England Act 1998. The Act also set out the responsibilities of the MPC: it would meet monthly; its membership comprise the Governor, two Deputy Governors, two of the Bank's Executive Directors and four members appointed by the Chancellor.
In the Bank of England's implementation it is assumed that the forecast distribution is a two piece normal or split normal density. [6] This density results from joining the two-halves of corresponding normal densities with the same mode but different variances. As a result, the split normal density is non-symmetric and uni-modal.
The UK Statistics Authority (UKSA, Welsh: Awdurdod Ystadegau'r DU) is a non-ministerial government department of the Government of the United Kingdom responsible for oversight of the Office for National Statistics, maintaining a national code of practice for official statistics, and accrediting statistics that comply with the Code as National Statistics.
The Financial Policy Committee (FPC) is an official committee of the Bank of England, modelled on the already well established Monetary Policy Committee.It was announced in 2010 as a new body responsible for monitoring the economy of the United Kingdom. [1]
Gordon Brown, then Chancellor of the Exchequer, announced on 28 November 2005, [4] that the government intended to publish plans in early 2006 to legislate that the ONS and the statistics it generates are independent of government on a model based on the independence of the Monetary Policy Committee of the Bank of England. [5]
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He made major improvements in the area of social statistics in close partnership with the Office of Population Censuses and Surveys and paid particular attention to the development of the CSO's role of co-ordinating the statistical activities of individual government departments and the development of the Government Statistical Service (GSS ...